August 20, 2009
A Tough Economy & the “Hard-To-Rent” Property
You would have to be a hermit holed up in the back-of-beyond not to have been impacted by the challenging national economy this past year. Many areas have seen mammoth numbers of foreclosures. My area (Denver, Colorado) has been one of the cities that has fared the best. Still [...]
July 16, 2009
Tips That Work to Fill a Rental Vacancy
Or “Cheap Marketing Techniques You May Not Have Thought Of Yet”. One of my major roles in life has always been dreaming up ideas… I am a big picture person. Someone else usually needs to fine tune the details. Don is going “Amen” to that as he proof [...]
July 14, 2009
Will the Property Cash Flow?
So what does cash flow mean?
a. Mortgage payments minus rents equal cash flow (MP – R = CF).
b. PITI (principle, interest, taxes, insurance) minus rents equal cash flow (PITI – R = CF).
c. PITI minus 25% vacancy allowance minus rents equal cash flow (PITI – V – R = CF).
d. Click [...]